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OECD UPSC NOTE

 


  • The Organisation for Economic Co-operation and Development (OECD) is an international, intergovernmental economic organization of 38 countries. 

  • OECD was founded in the year 1961 to stimulate world trade and economic progress.

  • Most OECD members are high-income economies with a very high Human Development Index (HDI) and are considered developed countries.

  • OECD members are democratic countries with free-market economies.

  • The OECD serves as a platform for member countries to compare policy experiences, address common problems, share best practices, and coordinate domestic and international policies.

  • The OECD is an official Permanent observer to the United Nations and is known as a think-tank or monitoring group.

  • The headquarters of the OECD are located at the Château de la Muette in Paris, France.

  • In 2017, OECD member states collectively accounted for 62.2% of global nominal GDP (US$49.6 trillion) and 42.8% of global GDP (Int$54.2 trillion) at purchasing power parity.

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Learnerz IAS | Concept oriented UPSC Classes in Malayalam: OECD UPSC NOTE
OECD UPSC NOTE
Learnerz IAS | Concept oriented UPSC Classes in Malayalam
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